Moneycontrol PRO
you are here: HomeNewsFintechs
fintechs
Jump to
  • Budget 2023: Fintechs demand more allocations, tax reforms and bank partnerships January 20, 2023 02:57 PM IST

    Budget 2023: Fintechs demand more allocations, tax reforms and bank partnerships

    Budget 2023 expectations: Lenders operating in the fintech space pitch for easing of taxes alongside special budgetary allocations for the sector to grow.

  • State-run lenders plan cloud-based platform for fintech connect January 04, 2023 11:07 AM IST

    State-run lenders plan cloud-based platform for fintech connect

    The framework will enable state-run banks to access the broad network of fintech companies' resources, lowering their own costs associated with obtaining loans and making ad hoc investments in expensive platforms or technology.

  • Indian fintechs face a tough 2023 as investments cool, Bain says December 28, 2022 01:44 PM IST

    Indian fintechs face a tough 2023 as investments cool, Bain says

    Investors into the country’s fintech space that has drawn heavyweights from Warren Buffett’s Berkshire Hathaway Inc. to Masayoshi Son’s SoftBank Group Corp., in the past few years, are getting more diligent as global financial conditions tighten. That has intensified the competition for capital, Pozhath said.

  • Alternative funding, tech-friendly and personalised services to boost digital lending, say experts December 06, 2022 07:58 PM IST

    Alternative funding, tech-friendly and personalised services to boost digital lending, say experts

    The main advantage of digital lending is easy access via mobile devices, and less paperwork and eligibility checks than in a traditional bank

  • Fintech Files Part 4 | Why tie-ups with fintechs are the best way for banks to make tech strides October 11, 2022 02:30 PM IST

    Fintech Files Part 4 | Why tie-ups with fintechs are the best way for banks to make tech strides

    Collaboration between banks and fintechs is the new normal in the banking space. Indeed, rather than competing with each other, it makes eminent sense for the two sides to combine their respective strengths and play the market together, say industry players

  • As banks collaborate with fintechs, these stocks could gain from rise in retail equity investing in India September 23, 2022 01:03 PM IST

    As banks collaborate with fintechs, these stocks could gain from rise in retail equity investing in India

    The Indian Wealth Management industry has seen a surge in the number of high net worth individuals and foresees strong economic growth. What led the industry to witness a massive change in customer demographics? In this video, we talk about the big emerging trends in the wealth management space and the stocks that are likely to gain on the back of these trends.

  • Moneycontrol Selects: Top stories this evening September 20, 2022 06:52 PM IST

    Moneycontrol Selects: Top stories this evening

    Our specially curated package of the most interesting articles to help you stay at the top of your game

  • Interview | Must find UPI monetisation path, says BoB CDO Akhil Handa September 12, 2022 04:57 PM IST

    Interview | Must find UPI monetisation path, says BoB CDO Akhil Handa

    BoB was the third-largest UPI remitter bank in India in August with 43.25 crore transactions conducted on the bank’s servers during the month

  • Shriram group merger: STFC, SCUF may start working together from October September 06, 2022 02:55 PM IST

    Shriram group merger: STFC, SCUF may start working together from October

    The merged entity would be known as Shriram Finance, with AUM of over Rs 1.5 lakh crore, and a distribution network of over 3,500 branches.

  • RBI Monetary Policy | Bankers predict up to 50 bps hike in lending rates after repo rate reaches 5.4% August 06, 2022 06:43 AM IST

    RBI Monetary Policy | Bankers predict up to 50 bps hike in lending rates after repo rate reaches 5.4%

    A 50 bps rate hike may seem hawkish, but it was required to control inflation, South Indian Bank MD & CEO Murali Ramakrishnan said

  • RBI to issue lenders directions on financial ops outsourcing August 05, 2022 12:42 PM IST

    RBI to issue lenders directions on financial ops outsourcing

    Although outsourcing of a permissible activity is an operational decision of the lender, it exposes them to various risks, the RBI said

  • Licensed digital lenders violating specified domain not acceptable, says RBI governor July 22, 2022 12:43 PM IST

    Licensed digital lenders violating specified domain not acceptable, says RBI governor

    Shaktikanta Das' comments come after the RBI said that loading of credit lines on to prepaid payment instruments (PPIs) is prohibited, a model adopted by many fintechs. RBI to come up with digital lending guidelines within a few weeks, he added.

  • RBI may tighten rules for fintechs as customer complaints rise July 19, 2022 09:02 AM IST

    RBI may tighten rules for fintechs as customer complaints rise

    According to people aware of the matter, the central bank has already held discussions with stakeholders on various issues.

  • Catch ’em young: Fintechs now eye the under-21 category May 18, 2022 03:40 PM IST

    Catch ’em young: Fintechs now eye the under-21 category

    A group of fintechs have smelled an opportunity in the financial services market that focus on children, which is largely under-penetrated. Many firms like Muvin and Pencilton have already launched products like pre-paid cards, and many have either raised funds or are planning to do so to tap the market.

  • ICICI Bank upgrades digital services for MSMEs; to maintain “risk-calibrated growth” approach in lending April 28, 2022 06:30 PM IST

    ICICI Bank upgrades digital services for MSMEs; to maintain “risk-calibrated growth” approach in lending

    Executive director Anup Bagchi said banks may soon start to lend to MSMEs based on their cashflows and not on their solvency, thanks to the rapid adoption of digital services.

  • RBI monetary policy | Acting swiftly on complaints of digital lending fraud, says Das April 08, 2022 03:05 PM IST

    RBI monetary policy | Acting swiftly on complaints of digital lending fraud, says Das

    RBI monetary policy | The bank will soon issue guidelines on digital lending after going through around 650 suggestions it had received, says RBI

  • Union Bank launches super app 'Union Nxt', to invest Rs 1,000 crore in tech in FY23 April 06, 2022 06:50 PM IST

    Union Bank launches super app 'Union Nxt', to invest Rs 1,000 crore in tech in FY23

    The bank is looking to invest nearly Rs 1,000 crore in building and upgrading its digital technology in the present fiscal, as per management.

  • RBI Bulletin: India's digital commerce transactions grew 30% in 2021, up 760 bps than global growth rate March 17, 2022 06:27 PM IST

    RBI Bulletin: India's digital commerce transactions grew 30% in 2021, up 760 bps than global growth rate

    India ranked third in terms of the number of start-ups joining the unicorn club in 2021, next only to the US and China.

  • Crypto as an asset class is a risk to equity, says Zerodha’s Nithin Kamath December 09, 2021 07:51 PM IST

    Crypto as an asset class is a risk to equity, says Zerodha’s Nithin Kamath

    Kamath said startup founders should raise funds only when required and not just because it is available. Kamath and PB Fintech founder Yashish Dahiya were speaking at Razorpay’s annual event on the future of fintech IPOs.

  • Consumers win in the account aggregator system, but what about banks and fintechs? September 07, 2021 09:28 AM IST

    Consumers win in the account aggregator system, but what about banks and fintechs?

    The AA system will disrupt banking as we know it. But it is not all threat to banks, they have new opportunities too 

  • Fintechs lend a hand in COVID fight, take on vaccine hesitancy in villages June 27, 2021 09:00 AM IST

    Fintechs lend a hand in COVID fight, take on vaccine hesitancy in villages

    Using their wide network and technology, finetch firms are helping villagers register on CoWin. Their banking correspondents are spreading awareness and also encouraging people to get vaccinated against coronavirus

  • After early boom, fintech lending startups face a reality check December 24, 2020 05:38 PM IST

    After early boom, fintech lending startups face a reality check

    The difficulty borrowers face in repaying their loans is forcing many fintech lending startups to restructure loans and show them as ‘standard assets’ as the year draws to a close.

  • Prepaid cards to small loans, fintechs tap the young to power business August 26, 2020 12:42 PM IST

    Prepaid cards to small loans, fintechs tap the young to power business

    Startups like FamPay and Slice are coming up with products tailored for students and young professionals. Can they get these consumers to stick around and expand their product suite as they grow up?

  • For credit card push, banks now turn to startups August 19, 2020 11:57 AM IST

    For credit card push, banks now turn to startups

    Credit cards gain popularity as startups work out innovative solutions with banks to expand the user base. Can new-age private banks corner a larger market share through these partnerships?

  • Know your rights to fend off recovery bullies unleashed by fintech lenders June 19, 2020 11:19 AM IST

    Know your rights to fend off recovery bullies unleashed by fintech lenders

    When you borrow, you’ve got to repay. But lenders cannot humiliate you and use aggressive methods for recovery